EBA responds to ESRB recommendation on identifying legal entities

The EBA published its report on the implementation of the European Systemic Risk Board (ESRB) Recommendation on identifying legal entities. Following the ESRB Recommendation, the EBA was requested to deliver to the European Parliament, the European Council, the European Commission and the ESRB, a Report on its implementation. The report provides information on the substance, such as the legal form of the measure and the type of financial institutions covered, as well as on the timing of the actions taken by the EBA in relation to the implementation of the Recommendation.

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